Riding The Gravy Train: CBS (Bard Ventures) Chart Updated, Stop Raised

Riding The Gravy Train

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Tuesday, October 16, 2018

CBS (Bard Ventures) Chart Updated, Stop Raised


Bard Ventures trades in Canada under ticker CBS.

We began accumulating it late last year and it's currently up over 350% from our feature price and 460% from our avaerage entry cost.

In our September 06 update we wrote that
"it may soon face some resistance per the upper boundary of the channel it's been trading within during its recent ascent."

This remains true, and as can be seen in the chart below it traded lower and consolidated for a month before pushing higher along that upper line.

A week ago we announced setting a stop at $0.14 and we're now raising that stop to $0.18

We'll raise it again if the stock shoots higher soon, bearing in mind these locked-up shares becoming free-trading in or after late November.



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